Ranger Energy Services, Inc. (RNGR) Stock

Ranger Energy Services, Inc. (RNGR) is a Energy stock trading at $17.10 (as of 2026-09-02), with a market capitalization of $411.03M and a trailing P/E of 28.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Ranger Energy Services, Inc. supplies onshore well service rigs and wireline completion and intervention services in the United States, along with related equipment and support services. The company operates through High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services segments, serving exploration and production operators.

Understand Ranger Energy Services, Inc.: how it makes money

Ranger Energy Services provides onshore well service rigs and related wireline completion and processing services, earning revenue by selling these services to exploration and production companies in the United States.

Because Ranger runs a large fleet of high specification well service rigs (540 rigs) and also sells wireline and processing services, its profit model depends on the level of customer work it can execute across these service lines.

Revenue by segment (latest quarter)
Rigs$0.1B
Wireline$0.1B
Processing$0.0B

Business quality (Weak): Ranger operates three service segments and generated about 0.2B in revenue with a 3.2% operating margin in the latest reported period (2026-03-31), indicating profitability is present but not high, so operating performance likely matters closely to revenue and cost levels.

Valuation: At 25× earnings, RNGR trades 45% above the Petroleum & Natural Gas average (17×). Note: one-time items can distort reported P/E.

Bull case

  • Large core rig footprint: The High Specification Rigs segment operates a fleet of 540 well service rigs, giving Ranger a major platform for generating revenue through well lifecycle and maintenance services.
  • Multiple revenue streams within well services: Ranger reports three segments, High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services, which can provide diversification across related services.

Bear case

  • Low operating cushion in the latest quarter: Ranger reported a 3.2% operating margin in the latest period (2026-03-31), so adverse changes in revenue or operating costs could pressure results.
  • Segment performance concentration risk: The High Specification Rigs segment is the largest reported segment by revenue among the three, so weaker results in rigs could weigh on consolidated performance.
Valuation — source: SEC EDGAR (first-party)
Price$17.10
Market Cap$411.03M
P/E Ratio28.0
EV / EBITDA6.0
Price / Book1.37
Price / Sales0.72
FCF Yield4.3%
DCF Value (model)$2.52
DCF Upside vs Price-85.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$546.90M
Net Margin2.2%
Revenue Growth (YoY)17.7%
EPS Growth (YoY)333.3%
FCF Growth (YoY)-738.2%
Financial Health — source: SEC EDGAR
Altman Z-Score3.69 (safe)
Valuation vs Sector & Industry
Stock P/E28.0
Sector P/E (Energy)16.1
Industry P/E (Petroleum & Natural Gas)15.4
vs Sector74.0%
vs Industry81.6%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderIES Holdings, Inc. ($29.08M)
Institutional Holders Tracked10
Company
SectorEnergy
IndustryPetroleum & Natural Gas
CEOStuart N. Bodden
Employees1,950
CountryUS
IPO Date2017-08-11

Ranger Energy Services, Inc. earnings call transcripts

  • RNGR Q2 FY26 earnings call transcript (reported 2026-07-27) · analysis
  • RNGR Q4 FY25 earnings call transcript (reported 2026-03-05) · analysis
  • RNGR Q2 FY25 earnings call transcript (reported 2025-07-28) · analysis

All RNGR earnings calls

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RNGR earnings history · RNGR institutional & insider holders · RNGR KPIs & operating metrics · RNGR financials · RNGR investor presentations & press releases · RNGR SEC filings · RNGR peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-09-02.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.